PayPal are now allowing crypto spending

PayPal has recently announced that its customers will be able to use Bitcoin and other virtual currencies while buying and selling items using their PayPal accounts.

PayPal has revealed that they will be allowing this option to be used in the US in the next upcoming weeks. They plan to have the option available to all users worldwide by early 2021, with users being able to buy items with cryptocurrency from the 26 million sellers accepting PayPal. Following the news, there was an increase in Bitcoin prices, breaking the £9,170 ($12,000) mark.

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